| Security Interest | An interest that a lender takes in the borrower’s property to assure repayment of a debt. |
| Servicing a Loan | The ongoing process of collecting and accounting for your monthly mortgage payment, including payments for your yearly tax and/or homeowners insurance. |
| Settlement Sheet | A document describing a real estate transaction that includes the escrow deposits for taxes, commissions, loan fees, points, hazard insurance, and mortgage insurance. |
